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The
Zen Hotel
$3,000,000.00
28432 Zen Place
Desert Hot SPrings, CA 92240
* Shown By Broker Appointment
Description:
The quintessential intimate luxury boutique spa hotel. Very
successful day spa business in speparate building on property.16
room hotel with stunning and trendy decor, magazine-perfect.
Attracts wealthy and famous clients especially from the movie
industry. Healing natural mineral hot springs feed the pools,
guests relax in private seclusion and security, and the day
spa is top-notch. This property is well known and it's identity
is confidential. This property has excellent income numbers.
Will be shown to qualified buyers who have signed confidentiality
agreement. |
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PropertyType Hotel/Motel
Year Built 1960
No. of Rooms 16
Building size 6,000 SF
Price/Room $187,500
Cap Rate 14.6%
Cash on Cash 49%
Pool Yes
Spa Yes
Mineral Hot Springs Yes
Gross Income Proforma $874.000
Total Operating Expenses $436,000
Net Operating Income $438,000
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Financial:
For additional financial information please print Confidentiality
Agreement and fax to (760) 322-9266 |
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This
information, while not guaranteed, has been obtained from sources
deemed reliable.
Buyer must verify the information and bears all risks for any
inaccuracies. |
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